Business First Bancshares
BFST
146 hedge funds and large institutions have $366M invested in Business First Bancshares in 2025 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 62 increasing their positions, 31 reducing their positions, and 19 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 31
5% more capital invested
Capital invested by funds: $348M → $366M (+$18.2M)
1.77% more ownership
Funds ownership: 48.35% → 50.12% (+1.8%)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
1% less funds holding
Funds holding: 148 → 146 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$6.37M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.21M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.94M |
| 4 |
Millennium Management
New York
|
+$1.25M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$4.43M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.43M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.1M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$980K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$979K |
BFST Hedge Fund Activity: Q2 2025 in Review
146 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Business First Bancshares (BFST) for Q2 2025, worth a combined $366M — up 5.2% from $348M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of BFST and 18 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 62 added.
The largest buyer was Janus Henderson Group, adding an estimated $6.37M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $4.43M sold.
- 146 institutional investors held Business First Bancshares (BFST) as of Q2 2025, down from 148 in Q1 2025.
- Funds reported $366M of Business First Bancshares stock for Q2 2025, up 5.2% quarter-over-quarter.
- 18 funds opened new Business First Bancshares positions in Q2 2025 and 19 closed out, a net change of -1 holder.
- The largest Business First Bancshares buyer in Q2 2025 was Janus Henderson Group, an estimated $6.37M added.
- The largest Business First Bancshares seller in Q2 2025 was Basswood Capital Management, an estimated $4.43M sold.
Based on aggregated 13F filings for Q2 2025.